Mutual Security Credit Union Shelton CT | Best Auto Loans & Business Banking

Introduction

Welcome to Mutual Security, your trusted financial partner located at 710 Bridgeport Ave, Shelton, CT 06484. Since our establishment in 1982, we have proudly served the Shelton community and beyond, building a strong foundation of trust and reliability. With a total membership of 26,885, we are dedicated to providing our members with exceptional banking services tailored to meet their unique needs. At Mutual Security, we understand that your financial journey is important. That's why we offer a wide range of services including personal banking, auto loans, mortgage loans, and business banking options designed to help you achieve your financial goals. Our total assets stand impressively at $353,816,344, ensuring we have the resources to support you effectively. Led by our CEO Henry Baum and Board President Bruce Likly, our team of 74 employees is committed to delivering personalized service. Whether you're looking for a new vehicle loan or exploring savings options, we're here to guide you every step of the way. While members can visit us at our branch address, official correspondence should be sent to the same location. With total deposits exceeding $10,416,952 and cash in hand amounting to $2,533,806, we prioritize your financial security. As a member-focused credit union, we strive not only to meet but exceed your expectations. We invite you to explore all that Mutual Security has to offer by visiting our website at www.mscu.net or giving us a call at 203-929-2061. Let's embark on this journey together towards better financial health!

Branch History & Mission

Community Impact

Our impact extends beyond traditional banking services. We actively engage in community outreach efforts and partnerships that uplift those around us. From local initiatives to educational programs about financial literacy, we strive to create a supportive environment where everyone can succeed. While you can visit us at 710 Bridgeport Ave, official correspondence should be directed to 710 BRIDGEPORT AVE, SHELTON, CT 6484 if needed.

Join Us

We invite you to become part of the Mutual Security family. Experience firsthand how we can support your financial goals while making a meaningful difference in our community. For inquiries or more information about membership and services, feel free to contact us at 203-929-2061 or visit our website at Mutual Security Credit Union. Together, let's build a brighter financial future!

Mission Statement

At Mutual Security, our mission is clear: we aim to enhance the financial well-being of our members while contributing positively to the community. We believe in providing personalized banking experiences that make a real difference in people's lives. Whether you're looking for checking and savings accounts, auto loans, or credit cards with rewards, we are here to help you thrive financially.

Modern Banking Solutions

In today's fast-paced world, we understand the importance of digital accessibility. That's why we offer online and mobile banking options for your convenience. With features like electronic signatures and mobile payments available, managing your finances is easier than ever.

Our Journey

From our humble beginnings, Mutual Security has grown significantly. We now proudly serve 26,885 members, with total assets amounting to an impressive $353,816,344. Our journey is marked by a commitment to not just meet but exceed the expectations of our members. Each milestone we achieve strengthens our resolve to provide exceptional service and innovative financial solutions.

Branch Location & Accessibility

Conveniently Located

Situated near popular local landmarks, our branch is just a stone's throw away from the bustling shopping areas and restaurants that make Shelton a vibrant community. With ample parking available right outside, visiting us is hassle-free. Plus, we are committed to making our services accessible to everyone. Our facilities are ADA compliant, ensuring that all members can navigate comfortably.

Operating Hours & Services

We understand that life can be busy, which is why we offer convenient lobby hours on Mondays and Fridays from 11:30 AM to 4:00 PM. Please note that we take a brief pause from 1:00 PM to 1:30 PM each day for lunch. During these hours, you can take advantage of our wide range of services from personal banking options like checking and savings accounts to auto loans and credit cards with rewards. Our dedicated team is here to help you navigate your financial journey. For those who prefer digital banking, we also provide online and mobile banking options so you can manage your accounts anytime, anywhere!

Stay Connected

If you have any questions or need assistance while visiting us at the branch, feel free to reach out at 203-929-2061. While members can visit us at our Shelton location for their banking needs, official correspondence should be sent to our mailing address at 710 BRIDGEPORT AVE, SHELTON, CT 6484. We invite you to come by and discover how Mutual Security can support your financial goals. Whether you're looking for personalized service or expert advice on loans and savings options, we're here for you! Stop in today or give us a call we look forward to serving you!

Member Eligibility

At Mutual Security, we believe that becoming a member is like joining a family where your financial well-being matters. If you're interested in joining our community at 710 Bridgeport Ave, Shelton, CT 06484, you'll be pleased to know that eligibility is quite inclusive. Generally, anyone who lives, works, worships, or attends school in the area can become a member. This means you could start enjoying our range of benefits, from personalized banking services to competitive loan rates, all designed with your needs in mind. Joining is easy! You can find more details about the specific eligibility criteria by visiting our website at https://www.mscu.net/. If you're ready to open an account and take advantage of what we offer, check out the simple steps outlined here: https://www.mscu.net/scholarship?hslang=en. Should you have any questions or need assistance, feel free to give us a call at 203-929-2061. We're excited to welcome you aboard!

Business Banking & Commercial Services

Commercial Loans

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs. While we currently have no member or non-member commercial loans, we understand that every dollar counts when it comes to financing your dreams. Our future plans include developing flexible loan options that will empower local businesses to scale and succeed.

Merchant Services

In addition to loans, we offer merchant services designed to simplify your payment processes. Imagine accepting payments seamlessly from your customers, whether they are shopping online or in-store. Our merchant services provide you with tools to manage transactions efficiently, helping you focus on what matters most running your business. At Mutual Security, we believe in building strong relationships with our local business community. We are here to support you with the financial resources you need as you navigate the challenges and opportunities of entrepreneurship. Reach out today at (203) 929-2061 to learn more about how we can assist your business!

Comprehensive List Of Services

Business Banking

We also cater to local businesses with our business banking services, which include merchant services and business loans. This means if you're an entrepreneur looking to expand or start a new venture, we're here to support you every step of the way.

Credit Cards

Our credit cards with rewards are perfect for those who want to make their spending work harder for them. Earn points on every purchase that can be redeemed for travel, merchandise, or even cashback! It's just one more way we strive to add value to your membership.

Digital Access

In today's fast-paced world, convenience is key. That's why our online and mobile banking features allow you to manage your accounts from anywhere at any time. Need cash? Our ATM services provide basic access like withdrawals and balance checks without any hassle. At Mutual Security, we understand that whether you're managing personal finances or running a business, having access to reliable banking services is crucial. With our dedicated team ready to assist you at every turn, we invite you to reach out with any questions or visit us at our branch in Shelton. Don't hesitate give us a call at 203-929-2061 or explore more about what we offer by visiting our website. Let us help you take control of your financial future today!

Loans and Financing

If you're thinking about purchasing a new vehicle or refinancing an existing mortgage, our auto loans and vehicle financing options are designed to be flexible and affordable. We understand that life can get busy, so we make the application process simple and fast. Similarly, our mortgage loans and refinancing options provide competitive rates that can help you save money over time. For unexpected expenses or personal projects, our personal loans and debt consolidation services can help lighten your financial load. With clear terms and a straightforward application process, you'll find it easy to get the funds you need when you need them.

Personal Banking

For those looking to manage their everyday finances, we offer personal banking services that include checking and savings accounts tailored for your lifestyle. Whether you're saving for a big purchase or just want a safe place for your money, our accounts come with convenient features like online banking and mobile payments. Imagine being able to check your balance or transfer funds right from your smartphone while waiting in line at your favorite coffee shop!

Digital & Online Banking

E-Statements for Easy Access

Say goodbye to paper clutter! With e-statements available at Mutual Security, you can view your monthly statements online anytime you want. This not only keeps your information organized but also adds an extra layer of security by reducing the risk of sensitive documents falling into the wrong hands. We pride ourselves on offering services that are not just user-friendly but also secure. Your peace of mind is important to us, which is why all our digital banking solutions come equipped with top-notch security features. So whether you're logging in from a laptop or using our mobile app, you can rest assured that your financial information is protected. Explore all these features and more at https://www.mscu.net/ today! At Mutual Security, we're committed to making banking accessible and easy for everyone.

Online Banking Services

With our 24/7 online banking, you can check your account balances, transfer funds, and pay bills all from the comfort of your own space. Just visit https://www.mscu.net/ to get started! We make it simple to keep track of your money in real-time, so you can spend less time worrying about your finances and more time enjoying life.

User-Friendly Features

Our mobile application allows you to carry your credit union right in your pocket. You can easily set up mobile payments, making transactions quicker than ever. Plus, with features like person-to-person transfers, sending money to friends and family is just a few taps away. Need to sign documents? Our electronic signature authorization lets you do that securely without any hassle.

Financial Strength

At Mutual Security, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to providing a solid foundation for your financial needs, ensuring you can trust us with your hard-earned money. With a net worth of $31,679,622, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 894 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $85,599,363 in share certificates and $53,669,499 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $3,606,447, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $30,796,505 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $40,922,000 in used auto loans and a total of $313,934,918 in loans and leases. Our operational efficiency is reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 73 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments): $6,269,607. Total Share and Deposit Accounts: 47,485, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Mutual Security is your trusted partner. Visit us at 710 Bridgeport Ave Shelton CT 06484 or call 203-929-2061 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $56,861,655 in used vehicle loans and $37,162,950 in new vehicle loans already helping members get on the road. We cater to both new and used vehicles, ensuring you find the right financing option for your needs.

Credit Lines

In addition to our other loan products, we provide access to credit lines totaling $144,160,570. These lines are ideal for those who want quick access to funds without going through the full loan application process each time. Our dedicated team at Mutual Security is here to guide you through every step of the lending process. Whether it's understanding your options or applying for a loan that fits your budget, we're ready to help. For more information about our loan offerings or any questions you may have, please call us at 203-929-2061 or visit us at our branch located at 710 Bridgeport Ave Shelton Ct 06484. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. With Junior Lien 1-4 Family Residential Properties loans totaling $15,905,663, we are committed to helping you secure the home of your dreams. If you're considering refinancing your existing mortgage, don't hesitate to reach out; our team can assist you with eligibility options.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $13,693,974 in loans helping members manage their finances effectively. Our credit cards come with rewards that can enhance your purchasing power while keeping your expenses manageable.

Loan Aggregator

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Mutual Security